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The rapid demise of Karma, a prop trading firm that collapsed just weeks after significant updates, underscores the challenges and fundamental flaws within the proprietary trading industry, highlighting a broader trend of closures and sustainability issues.
Learn about CFD and Forex trading, their key differences, and the pros and cons of these trading instruments to enhance your strategies in the financial markets.
The Biden-Harris administration reached an agreement to cut the costs of 10 drugs for Medicare users.
The Philippine financial sector expanded by 10.5% in June, reaching P32.3 trillion. Bank resources surged, while positive earnings drove stock market gains.
The OmegaPro scam, one of the most extensive financial frauds in recent history, has implicated not only its founders but also several high-profile celebrities, including renowned football players and Hollywood stars.
Inflation shows signs of cooling in the U.S., but persistent economic pressures, particularly housing and utilities, continue to challenge growth.
Gold continues to test, and reject, its previous all-time high at $2,485/oz. and a break higher is being pared by a strong US retail sales report
Binance agrees to pay $1.75 million fine to Brazil's CVM for offering unauthorized derivatives. The settlement highlights Binance's ongoing regulatory compliance efforts.
Indices are still recovering some of their recent losses, with the Dow back above 40,000 and the Nikkei 225 now back to its 2 August opening level.
IC Markets Global is an Australian online forex broker that provides traders access to the global financial markets. WikiFX has made a comprehensive review of this broker by analyzing its regulations, specific information, etc. so that you have a deep understanding of this broker. In the back of the article we arranged a few small questions, each answer to the chance to win a bonus.
OneStepFix is a financial trading platform based in the United Arab Emirates, founded in 2023. Although unregulated, it offers a broad range of trading options including Forex, commodities, spot metals, futures, spot indices, and shares.
ZERO Markets, a leading Australia-based Retail FX and CFDs broker, has been named the official trading partner of Wolverhampton Wanderers FC, popularly known as the Wolves. The announcement comes just days before the Wolves' 2024/25 English Premier League (EPL) season opener against Arsenal.
Turkish authorities have arrested Andreas Szakacs, the co-founder of OmegaPro, one of the world’s largest and most infamous online multi-level marketing (MLM) scams. Szakacs, who had been on the run since November 2022, was apprehended after a years-long international manhunt. His arrest marks a pivotal moment in the pursuit of justice for the millions of investors defrauded by the OmegaPro scam.
Disruptive trading practices that can get retail traders banned or fined.
ALL INVESTORS AND TRADERS PAY ATTENTION! The Financial Conduct Authority (FCA) issued a warning, stating that a clone of the XTB broker is operating in the market and using authentic details of registered organizations, such as email addresses, phone numbers, postal addresses, and firm reference numbers.
Learn the top 5 risk management strategies to minimize losses and maximize returns in trading. Essential tips for consistent and sustainable trading success.
GCash considers a digital bank license in the Philippines as BSP lifts the moratorium, paving the way for potential expansion and competition in the digital banking sector.
A murder case in Malaysia has taken a dark turn with revelations that the prime suspect, an ex-classmate of the victim, was involved in forex trading, potentially linking financial stress to the gruesome crime.
A U.S. appeals court has revived a class-action lawsuit against Binance.US, which accuses the cryptocurrency exchange of manipulating the HEX token’s price, reopening a legal battle involving significant financial claims and regulatory scrutiny.
Public launches a new bond account offering yields up to 7.3%, providing an accessible way for investors to diversify their portfolios with corporate bonds.